- Step in the Government of China made its currency, the yuan, to be more flexible assessed both for the trade impact of Indonesia. Indonesian products more competitive with products from China that have been flooding the domestic and global markets.
“If yuan strengthened, she will not sekompetitif as before. Here, our competitiveness will be further bargaining with China,” said Vice-Chairman Investments Division Chamber of Commerce and Industry (Kadin) Indonesia Chris Kanter on the sidelines of economic forum by Ernst and Young in Graha Niaga, Monday (6/21/2010).
Chris welcomes these developments because the decision was long overdue and encouraged. Chris saw that China can not abandon the norms that are used internationally.
According to him, open world was inevitable. “Therefore, we should strengthen and empower our competitiveness so that our competitiveness with China being the same,” he said.
